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Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2025

Extractive Industries [Abstract]

Table of Property and Equipment, net

The following table presents the aggregate capitalized costs related to Devon’s oil and gas and non-oil and gas activities.

		March 31, 2025				December 31, 2024
Property and equipment:
Proved		$	54,814			$	53,647
Unproved and properties under development			2,775				2,814
Total oil and gas			57,589				56,461
Less accumulated DD&A			(34,160	)			(33,263	)
Oil and gas property and equipment, net			23,429				23,198
Other property and equipment			2,510				2,671
Less accumulated DD&A			(857	)			(858	)
Other property and equipment, net (1)			1,653				1,813
Property and equipment, net		$	25,082			$	25,011

(1)$189 million and $178 million related to CDM in 2025 and 2024, respectively.

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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